Vivid Seats (SEATW) Operating Margin (2020 - 2026)
Vivid Seats' quarterly Operating Margin came in at 9.01% in Q1 2026, down 638.0% year-on-year from 1.67% in Q1 2025, and up 86.86% quarter-over-quarter from 68.57% in Q4 2025.
Vivid Seats has reported Operating Margin for 7 years, with the latest figure at 9.01% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 638.0% year-over-year to 9.01%; the trailing twelve-month figure through Mar 2026 stood at 232.93% (up 23153.0% YoY), and the FY2025 full-year result was 113.86%, down 11931.0% from the prior year.
- Operating Margin for Q1 2026 stood at 9.01%, up from 68.57% in the prior quarter.
- The five-year high for Operating Margin was 82.59% in Q3 2022, with the low at 1140.42% in Q2 2025.
- Average Operating Margin over 5 years is 59.03%, with a median of 5.54% recorded in 2022.
- Year-over-year, Operating Margin jumped 7150 bps in 2022 and plunged 114439 bps in 2025.
- Tracing SEATW's Operating Margin over 5 years: stood at 5.54% in 2022, then sank by 146 bps to 2.53% in 2023, then surged by 117 bps to 0.43% in 2024, then slumped by 16221 bps to 68.57% in 2025, then jumped by 87 bps to 9.01% in 2026.
- The last three Operating Margin figures came in at 9.01% (Q1 2026), 68.57% (Q4 2025), and 16.75% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 36.12% |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 40.62% |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 15.77% |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 27.57% | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | -32.08% |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | -7.97% | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 30.14% |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | -4.87% |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 27.37% |
| 10 | Vivid Seats | - | - | 97.53 Mn | -9.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -9.01% |
| Dec 31, 2025 | -68.57% |
| Sep 30, 2025 | -16.75% |
| Jun 30, 2025 | -1,140.42% |
| Mar 31, 2025 | -2.63% |
| Dec 31, 2024 | 0.43% |
| Sep 30, 2024 | 5.77% |
| Jun 30, 2024 | 3.97% |
| Mar 31, 2024 | 10.83% |
| Dec 31, 2023 | -2.53% |
| Sep 30, 2023 | 13.03% |
| Jun 30, 2023 | 67.15% |
| Mar 31, 2023 | 24.53% |
| Dec 31, 2022 | 5.54% |
| Sep 30, 2022 | 82.59% |
| Jun 30, 2022 | 12.14% |
| Mar 31, 2022 | 10.49% |
| Dec 31, 2021 | 41.21% |
| Sep 30, 2021 | 11.09% |
| Jun 30, 2021 | 16.87% |
| Mar 31, 2021 | -16.31% |
| Dec 31, 2020 | -5,977.93% |
| Sep 30, 2020 | -375.62% |